This paper investigates the long-run economic relationship between health care expenditure and income in the world … in the form of either a common factor model or a spatial process. We estimate a global measure of income elasticity using … all countries in the sample, and for sub-groups of countries, depending on their geo-political area and income. Our …

This paper uses cross-country and panel data set to test the significance of microfinance on income inequality … higher MFIs' gross loan portfolio per capita tend to have lower income inequality, which confirm the beneficial outcome of … the relative income position of the poor in developing countries, albeit slowly. Our findings have relevant …